6 Cowell Street, Llanelli, Dyfed, SA15 1UU

ONLINE AUCTION from 25th JULY-27th JULY Location: Situated on one of the main retail areas in Llanelli town Centre, this property is prominently positioned for good levels of footfall. The building is located amongst a number of mixed used developments including local and national retailers. Llanelli is the largest town in the county of Carmarthenshire and is approximately 11 miles north-west of Swansea, and approximately 12 miles south-east of Carmarthen. The town has an estimated population of 26,225 The property benefits from being within close proximity to local bus routes. Additionally there is plenty of on street parking (1 hour) Description: A four storey terrace building comprising of a commercial unit on the ground floor and ancillary accommodation above. It appears as if the ancillary accommodation may have historically been used as residential accommodation. The ground floor was previously occupied by an estate agents, and is comprised of a retail area, with a consultation room/ storage to the rear. We have been informed that there may be council grants/loans for the redevelopment of this property. Please consult Carmarthenshire Council for further information Planning Consent Certificate of Conformity was granted for the GROUND FLOOR TO REMAIN A1 - CHANGE OF USE FROM A1 TO 4 NO. (C3(A) DWELLINGS ON 1ST, 2ND AND 3RD FLOORS. Further information can be found via Carmarthen council reference number S/39951 Planning has been granted for: EXTERNAL STAIRCASE AND DECKING TO FLAT ROOF. NEW FENCE ALONG BOUNDARY. DEMOLITION OF STORAGE BUILSING AT REAR. ALTERATIONS TO FENESTRATION. Further information can be found via Carmarthen council reference number S/40245 Tenancy: To be sold with vacant possession Services: Gas, water and electric – not tested Lease Start Date 28/06/2022 Lease Duration 125 years (124 years unexpired) Tenure Advised Leasehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.